Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Model::offsetExists($offset) should either be compatible with ArrayAccess::offsetExists(mixed $offset): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Model.php on line 240

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Model::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Model.php on line 244

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Model::offsetSet($offset, $value) should either be compatible with ArrayAccess::offsetSet(mixed $offset, mixed $value): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Model.php on line 248

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Model::offsetUnset($offset) should either be compatible with ArrayAccess::offsetUnset(mixed $offset): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Model.php on line 257

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Collection::current() should either be compatible with Iterator::current(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Collection.php on line 19

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Collection::next() should either be compatible with Iterator::next(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Collection.php on line 32

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Collection::key() should either be compatible with Iterator::key(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Collection.php on line 26

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Collection::valid() should either be compatible with Iterator::valid(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Collection.php on line 36

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Collection::rewind() should either be compatible with Iterator::rewind(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Collection.php on line 13

Deprecated: Return type of Google\Site_Kit_Dependencies\Google\Collection::count() should either be compatible with Countable::count(): int, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Collection.php on line 41

Deprecated: Constant FILTER_SANITIZE_STRING is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Admin/Standalone.php on line 95

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Deprecated: filter_input(): Passing null to parameter #4 ($options) of type array|int is deprecated in /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/includes/Core/Util/Input.php on line 64

Warning: Cannot modify header information - headers already sent by (output started at /home2/realtyne/public_html/property-blog/wp-content/plugins/google-site-kit/third-party/google/apiclient/src/Model.php:30) in /home2/realtyne/public_html/property-blog/wp-includes/feed-rss2.php on line 8
indian realty news – Latest Property News and Articles of Real Estate https://www.keytel.in/property-blog Tue, 10 Aug 2021 10:50:44 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.keytel.in/property-blog/wp-content/uploads/2021/09/cropped-logo-32x32.png indian realty news – Latest Property News and Articles of Real Estate https://www.keytel.in/property-blog 32 32 Realty sector sales jumped for the first time in the Covid pandemic, know which city sold more properties https://www.keytel.in/property-blog/realty-sector-sales-jumped-for-the-first-time-in-the-covid-pandemic-know-which-city-sold-more-properties/ Tue, 10 Aug 2021 10:50:41 +0000 https://www.keytel.in/property-blog/?p=11393 The realty sector is recovering from the impact of Kovid. The latest figures testify to this. On a year-on-year basis, home sales across the country registered a growth of over 75 per cent during the first half of 2021, according to CBRE data. Pune led the sales trend with around 26 per cent share, followed by Mumbai (19 per cent). It is followed by Hyderabad and Delhi-NCR with 18 per cent and 17 per cent shares respectively.

Based on the policies announced by the central and state governments, housing sales grew by 73 per cent on a quarter-on-quarter basis across 7 major cities in India in Q4 2020. And coupled with incentives provided by RBI Developers.

CAGR of 1-6 per cent in the high-end segment

While property prices have grown at a CAGR of 1-6 per cent in the high-end segment and around 2-7 per cent in the mid-segment since 2010, GDP per capita grew at a CAGR of 4.0 per cent between 2010 and 2020.

GDP increased

Moreover, the growth in GDP per capita for the top 7 cities was above the national average, with Bengaluru reporting the highest CAGR (6.6 per cent). Therefore, income growth has outpaced the average increase in property prices, further contributing to housing affordability.

Cheap Home Loan

In addition, the RBI gradually reduced the repo rate from 6.25 per cent in February 2019 to 4.0 per cent in May 2020, due to which the interest rate on home loans has come down to 6.7-6.9 per cent.

]]>